Petrol-Diesel Price: Price of crude oil is stable, yet prices changed in many cities, know what is today’s rate in your place.

Petrol-Diesel Price: Price of crude oil is stable, yet prices changed in many cities, know what is today’s rate in your place.

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Petrol-Diesel Price Today: The rising trend in crude oil prices since the beginning of the Israel-Hamas war has stopped for the last few days. There was no significant change in the prices of crude oil in the global market today at 6 am compared to yesterday. WTI crude was trading at $80.82 per barrel. Whereas, Brent crude was being sold at $ 85.18 per barrel. Meanwhile, Indian oil distributor companies have released the rates of petrol and diesel for today. There has been no change in the prices of petrol and diesel by the companies at the national level. The price of petrol and diesel is stable in the capital Delhi. Here petrol is being sold at Rs 96.72 per liter and diesel at Rs 89.76 per liter since this morning. Whereas. In Mumbai, petrol is being sold at Rs 106.31 and diesel at Rs 94.27 and in Chennai petrol is being sold at Rs 102.65 and diesel at Rs 94.25 per litre. However, apart from this, changes in the prices of petrol and diesel have been seen in many cities.

Petrol and diesel prices changed here

There is no change in the prices of petrol and diesel in Patna, the capital of Bihar. Here today petrol is being sold at Rs 107.24 per litre. Whereas, diesel is being sold at Rs 94.04 per litre. An increase of 26 paise has been seen in the prices of petrol and diesel in Jharkhand. Since this morning petrol is being sold here at Rs 100.14 per litre. Whereas, diesel is being sold at Rs 94.91 per litre. At the same time, an increase of 50 paise has been seen in the price of petrol in Chhattisgarh today. Here the price of diesel has increased by 49 paise. The prices of petrol and diesel are also increasing in Haryana and Uttar Pradesh. After this, in the capital Lucknow, petrol is being sold at Rs 96.47 and diesel at Rs 89.66 per litre. In Ghaziabad, petrol is being sold at Rs 96.58 and diesel at Rs 89.75 and in Noida, petrol is being sold at Rs 97 and diesel at Rs 90.14. Today petrol has become cheaper by 46 paise and diesel by 43 paise in West Bengal. Since then, petrol is being sold at Rs 106.03 and diesel at Rs 92.76 per liter in Kolkata. Petrol has become cheaper by 36 paise and diesel by 34 paise in Punjab.

Crude oil futures prices rise due to strong spot demand on Monday

Crude oil prices rose by Rs 98 to Rs 6,794 per barrel in futures trade on Monday as traders increased the size of their deals following strong spot demand. On the Multi Commodity Exchange, the contract of crude oil for delivery in November rose by Rs 98 or 1.46 percent to Rs 6,794 per barrel. It was traded for 8.196 lots. Market analysts said crude oil futures prices rose as traders increased the size of their deals. Globally, West Texas Intermediate crude oil rose 1.27 percent to $ 81.53 per barrel, while the price of Brent crude rose 1.13 percent to $ 85.85. Was trading at per barrel.

How to check the fuel rate of your city

BPCL customers to know the fuel rate of their city through message RSP<डीलर कोड> You will have to write and send the message to number 9224992249. To know the price for HPCL customers, HPPRICE <डीलर कोड> Write and send message to 9222201122. Indian Oil Customer RSP<डीलर कोड> You can write and message on number 9224992249.

How are the prices of petrol and diesel decided in India?

Petrol and diesel prices in India are decided by the government and it is a dynamic process that depends on various factors. Here are some of the main factors that influence this process:

  • International Market Prices: India does not have a reliable distribution network of petrol and diesel for the users. Therefore, despite the succession of prices of petrol and diesel in the world market, India is finally defined in quantity and distribution.

  • Taxes and Duties: Taxes and duties imposed by various states and union territories are included in determining the prices of petrol and diesel. This is usually subject to change based on various updated decisions.

  • Contribution of State Governments: State governments can also include their contribution to control the prices of petrol and diesel. They may impose various duties and taxes in their state.

  • Demand for Currency and Supply of Petroleum Products: The balance between demand for petroleum products and their supply can also affect prices. If demand for products is high and supply is low, prices may increase. If demand for products is low and supply is high, prices may decrease.

  • Export and Import Events: Various export and import events can also affect the prices of petrol and diesel.

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